About This Home

This 0-bedroom, 0-bathroom commercial at 1007 MICHIGAN Avenue in Palm Harbor, FL is listed for $489,000 ($485 per sqft). Built in 1951, the home offers 1,008 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1951
  • 0.20 acre lot

Property Details

1 story
1951

Amenities

A/C
Listing Description

Virtually Staged. Permit-ready redevelopment opportunity within Downtown Palm Harbor's Activity Center - Neighborhood (AC-N) land use designation and Downtown Palm Harbor Form-Based Code (DPH-FBC) zoning. The property is fully approved by the historic department and ready for building permits for a three-unit townhome development consisting of three residences of approximately 2,000 square feet each.

All impact fees have been paid, providing a meaningful time and cost advantage for the next owner. The site is improved with an existing structure that is ready for immediate use as a professional office with minimal renovation required. This allows an owner-user or investor to activate the property right away while preserving the approved redevelopment plan and long-term upside.

Beyond the currently approved residential development, the AC Activity Center District allows for a wide range of permitted uses under municipal code, offering exceptional flexibility. Permitted uses include office and professional services; retail and personal service businesses; grocery stores, markets, and pharmacies with or without drive-throug

h service; clinics, medical and dental offices; financial institutions; eating and drinking establishments with or without outdoor dining (subject to code); fitness centers and studios; salons and spas; laundries; printing and copying services; private instruction and training facilities; veterinary and pet grooming facilities; artist studios and g

alleries; government and public facilities; automotive rental agencies, service stations, and car wash facilities; marine electronics sales and service; vehicle-for-hire services; and other neighborhood-serving commercial uses. Multi-family residential is permitted as a component of retail mixed-use development in accordance with the code.

Located just one parcel off Alternate 19, the property benefits from strong visibility and access while avoiding direct highway frontage. Alternate 19 is a primary north-south corridor through northern Pinellas County, connecting Palm Harbor, Dunedin, Clearwater, and surrounding markets and supporting consistent traffic flow.

The property is a short distance from the waterfront and adjacent trail systems, offering proximity to coastal amenities while remaining in Flood Zone X. Minutes from the vibrant downtown districts of Palm Harbor and Dunedin, the location is surrounded by dining, retail, breweries, marinas, and year-round activity, with continued reinvestment supporting both immediate use and future redevelopment.

This offering is ideal for a builder, investor, or owner-user seeking a permit-ready project with paid impact fees, immediate office usability, and long-term flexibility under one of Palm Harbor's most progressive zoning frameworks.

Monthly Cost Estimate

$2,615/mo

20% down · 6.5% · 30 years

Principal$354
Interest$2,119
Insurance$143

Estimates only. Actual payments may vary.

Location

1007 MICHIGAN Avenue

Palm Harbor, FL 34683

SUTHERLAND TOWN OF

Property Details

Construction

Block

Heating

Electric (Heating)Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1007 MICHIGAN Avenue is listed at $489,000 ($485/sqft). The estimated monthly payment is $2,616 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 0.20 acre lot.

This property is listed by Walter Penachio.

WP

Walter Penachio

Agent at Palm Life Realty

Listed by Palm Life Realty · Broker phone: (888) 877-4040 · View on Broker Site · Broker website

MLS# TB8466258· Source: Stellar MLS· 281 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1007 MICHIGAN Avenue, Palm Harbor, FL 34683

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